Building the Most Advanced Prepaid Card Management & Stored Value Solution in the World – Interview With Brion Bonkowski, Founder & CEO of Tern Commerce

I had the pleasure of speaking with Brion Bonkowski, the Founder & CEO of Tern Commerce, a company created to help brands launch global prepaid and stored value programs through its SPAN platform, which covers user experience (UX), compliance, identity verification, and cross-border remittance.

Brion is a business leader in the payments and technology space, and also serves as the Managing Director of ROI Payments, an NYC-based tech consultancy and holds a number of executive and board appointments in the technology, payments, and non-profit sectors.

More impressively, Brion has summited Mt. Kilimanjaro five times! In 2013, he was appointed Chairman of the Kilimanjaro Initiative USA, a non-profit organization. In 2017, Brion was invited to become a member of the Young Entrepreneurs Council, a global network of the world’s most successful entrepreneurs aged 40 and younger.

Josh Goodman: Brion thanks for joining us today. Why don’t we start off with you telling us a little bit about yourself and about Tern Commerce?

Brion Bonkowski: Sure, happy to. I have spent my entire career in the payments and technology space. Starting in 2010, my partners and I identified a need for a modern prepaid platform with cross-border capabilities. We spent the next five years meeting with regulators, assembling legal opinions, and interviewing potential partners and options. In 2015, we officially launched Tern Commerce and in December of that year, we acquired a company called US Unlocked to help jumpstart our vision.

JG: How would US Unlocked help you achieve your cross-border vision?

BB: US Unlocked had been successfully operating the only US issued virtual card program for global consumers since 2008. US Unlocked’s te ...


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